SPX, NDX Close Lower after Selloff and Rally...All Sectors Moved Lower...NVDA Leads DJI...

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SPX -63.90, 5,906.  Breadth weakened further on Monday.  An early morning 7:30 am ET selloff continued after the open for one-hour to an SPX low of 5,869, before a +37-point rally into the close. 

The DJI, 42,573, also closed lower.  The RUT closed -0.75% lower.

NDX -1.28%, closed below Friday’s low.

TSLA -14.25, -3.30%, sold off for a third day after rising +31.68 last Tuesday. 

Mega caps NVDA rose and TSM, GOOGL, BRK/B, AMZN, MSFT, AAPL, META, AVGO, TSLA fell on Monday. 

SPY down 6.79 at 588.22, 56.5 million shares, above average volume

VIX up 1.45 at 17.40,

VIX1D up 2.89 at 16.56,

QQQ down 6.95 at 515.61

NVDA, UNH, GS led the DJIA, 1 advancers, -1                       

EQT, CTRA, DVN, APA led the SPX, 31 advancers

FANG, EXC, NVDA, BKR led the NDX, 7 advancers

Up: 

Down:  IWM, DIA, SPY, QQQ,

The SPY MFC green line turned down at 54 and is short-term defensive. -2.

All eleven sectors were lower for a second day on Monday, down the least XLE, XLU and XLRE. 

Uptrend sectors:   XLK, XLY, XLC, XLF, XLI, XLP, XLU, XLRE,

Neutral sectors:  XLE,

Down trend sectors: XLB, XLV,

The 6-month intermediate trend is up.  The ten-day trend is down.

3-month Intermediate Term Market Trend: Up

3-day Short Term Market Trend: Down

7 of 100 NDX stocks closed higher on Monday.

13 NDX stocks are above their 30 DMA:  MRVL, NFLX, TSLA, AMZN, LULU, AAPL, AVGO, GOOGL DXCM, GILD, CSCO, PLTR, ROST, 

NDX Stocks to Watch on Tuesday:

Moving Above 30 DMA = 0

Moving Below 30 DMA = 11

ADI, APP, ASML, AZN, FTNT, GFS, HON, KLAC, META, TTWO, WBD,

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